Word: lesses
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Dates: during 1970-1979
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...study, written by Psychologist Alan Bell and Sociologist Martin Weinberg, finds that lesbians have fewer problems and are less sexually active than male homosexuals. At the time, three-quarters of the women were involved in relatively stable relationships; the majority had fewer than ten homosexual partners over a lifetime, and venereal disease was virtually unknown (one reported case among 293 women). Only one-half of the men were in stable relationships; the average male reported sex acts with hundreds of men, and two-thirds had developed venereal disease at least once. Forty percent of the men had had more than...
...three-piece blue suits, and give the impression that they speak only to one another and to God. When they do appear in public, they issue Delphian warnings, usually of impending inflationary doom. An optimistic central banker has been defined as "one who thinks the situation is deteriorating less rapidly than before...
That may sound less like optimism than Pollyannaism. So far this year inflation has exploded. From March through May, it averaged 11.3% at an annual rate, one of the worst three-month performances ever. Though no one expects the surge to remain that bad, the Carter Administration last week forecast a 7.2% rise for the full year, and some economists expect an 8% increase...
...main elements are now familiar: the White House is to veto inflationary spending bills, reduce the cost to business of Government regulation and aim to start an era of tighter budgets, declining deficits and moderate, less inflationary economic growth. Meanwhile, the Government will plead with business and labor to hold price and wage increases below the average of the past two years. All this fits Miller's ideas so well that there is speculation that he and Carter have struck a bargain under which the Administration practices tax-and-spending restraint and Miller refrains from a stern hold-down...
...which the sellers?individuals and corporations?deposit in their bank accounts. The checks become new money, available to be loaned out. When the Fed sells Government securities, it withdraws money from circulation; the buyers pay with checks that disappear into Federal Reserve vaults, never more to be seen. The less money that banks have to lend, the higher interest rates will rise. The FOMC focuses on the Fed funds rate at which banks lend to each other, targeting its buying and selling to push up or pull down that rate to a desired level. The Fed funds rate influences...